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Originally Posted by SuiJuris
I would study negotiable instruments first, get comfortable with that first... then move on to BOEs. Sui Juris
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Hey, Sui Juris:
I'd started to use this in one of my replies to those "tax agents" (don't worry, James, I'm getting to you), but stopped. Methinks this is where the confusion started. From Code of Virginia (See? Not "Virginia code.")&
ยง 8.3A-104. Negotiable instrument.
(a) Except as provided in subsections (c) and (d), "negotiable instrument" means an
unconditional promise or order
to pay a fixed amount of money, with or without interest or other charges described in the promise or order, if it:
(1) is payable to bearer or to order at the time it is issued or first comes into possession of a holder;
(2) is payable on demand or at a definite time; and
(3)
does not state any other undertaking or instruction by the person promising or ordering payment
to do any act in addition to the payment of money, but the promise or order may contain (i) an undertaking or power to give, maintain, or protect collateral to secure payment, (ii) an authorization or power to the holder to confess judgment or realize on or dispose of collateral, or (iii) a waiver of the benefit of any law intended for the advantage or protection of an obligor.
Me again:
So, simply put, my confusion is this:
How do I simultaneously make an "offer to pay" based upon "agents actings on behalf of the Virginia Department of Taxation" first VOD, etc., when such "condition(s)" appear to invalidate the "offer to pay"?
That line of thinking...I know I'm "preaching to the choir" in these matters, which means I'm not asking the proper questions.
Thanks.
Randy